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LOANS HELD FOR INVESTMENT SCHEDULE IV
 12 Months Ended
Dec. 31, 2013
Mortgage Loans on Real Estate [Abstract]  
LOANS HELD FOR INVESTMENT SCHEDULE IV

AMERICAN REALTY CAPITAL PROPERTIES, INC.

LOANS HELD FOR INVESTMENT

SCHEDULE IV

December 31, 2013

(In thousands)

 

Description

  

Location

   Interest
Rate		     Final
Maturity
Date		   

Periodic Payment Terms

   Prior
Liens		   Face
Amount
of
Mortgages		     Carrying
Amount
of
Mortgages		     Principal
Amount of
Loans
Subject to
Delinquent
Principal or
Interest		  

Long-Term Mortgage Loans

                 

Bank Of America, N.A.

   Mt. Airy, MD     6.42 %    Dec 2026   

Principal and interest are payable monthly at a varying amount over the life to maturity

     $ 2,973      $ 3,329      $ —     

CVS Caremark Corporation

   Evansville, IN     6.22 %    Jan 2033   

Principal and interest are payable monthly at a level amount over the life to maturity

       2,932        3,268        —     

CVS Caremark Corporation

   Greensboro, GA     6.52 %    Jan 2030   

Principal and interest are payable monthly at a level amount over the life to maturity

       1,133        1,289        —     

CVS Caremark Corporation

   Shelby Twp., MI     5.98 %    Jan 2031   

Principal and interest are payable monthly at a varying amount over the life to maturity

       2,237        2,443        —     

Koninklijke Ahold, N.V.

   Bensalem, PA     7.24 %    May 2020   

Principal and interest are payable monthly at a varying amount over the life to maturity

       2,083        2,384        —     

Lowes Companies, Inc.

   Framingham, MA     N/A      Sep 2031   

Principal and interest are payable monthly at a varying amount over the life to maturity

       5,692        1,399        —     

Walgreen Co.

   Dallas, TX     6.46 %    Dec 2029   

Principal and interest are payable monthly at a level amount over the life to maturity

       2,851        3,231        —     

Walgreen Co.

   Nacogdoches, TX     6.8 %    Sep 2030   

Principal and interest are payable monthly at a level amount over the life to maturity

       3,084        3,561        —     

Walgreen Co.

   Rosemead, CA     6.26 %    Dec 2029   

Principal and interest are payable monthly at a level amount over the life to maturity

       4,369        4,888        —     
            

 

 

    

 

 

    

 

 

  
             $ 27,354      $ 25,792      $ —     

Corporate Credit Notes

                 

Federal Express Corporation

   Bellingham, WA     5.78 %    Mar 2015   

Principal and interest are payable monthly at a level amount over the life to maturity

     $ 81      $ 83      $ —     

Lowes Companies, Inc.

   N. Windham, ME     5.28 %    Sep 2015   

Principal and interest are payable monthly at a level amount over the life to maturity

       256        261        —     

Walgreen Co.

   Jefferson City, TN     5.49 %    May 2015   

Principal and interest are payable monthly at a level amount over the life to maturity

       140        143        —     
            

 

 

    

 

 

    

 

 

  
             $ 477      $ 487      $ —     
            

 

 

    

 

 

    

 

 

  

Total

              $ 27,831      $ 26,279      $ —     
            

 

 

    

 

 

    

 

 

  

 

     Carrying Amount of
Mortgages		  

Balance - November 5, 2013

    $ 26,457   

Additions during the year:

   

New Loan Investments

      —     

Deductions during the year:

   

Principal received

      (164 ) 

Allowance for loan losses

      —     

Amortization of unearned discounts and premiums

      (14 ) 
  

 

 

  

Balance - December 31, 2013

 $ 26,279